The team was founded in 1946 and belonged the Dynamo Moscow sports club, a part of Dynamo sports society sponsored by the Soviet Ministry of Interior and the national security structures including KGB. It won the first Soviet hockey championship in 1946–47 beating Spartak Moscow in the finals. Helmed by Arkady Chernyshev during the first decades of their history Dynamo established themselves as one of the top teams of the Soviet hockey league. Throughout the Soviet era Dynamo was among the top 3 teams almost every season winning five championships and three USSR Cups. The last years of the Soviet hockey championship and the beginning of the IHL period were marked with Dynamo winning fours seasons in a row and ending CSKA Moscow dominance that lasted for decades.

In 2010, Dynamo Moscow was merged with HC MVD, a KHL team from Balashikha owned by the Ministry of Internal Affairs (MVD). The team continued the history of the Dynamo club, with the big part of roster and executives from HC MVD. The new club was officially called United Hockey Club (UHC) Dynamo Moscow, and for one season the new club was referred to as UHC Dynamo, then for a couple years as UHC Dynamo Moscow, but in 2012 the official name of the club was reverted to Hockey Club (HC) Dynamo Moscow.[1]